Apple Sets $17 Billion Bond Deal, and More

4/30/2013 3:09PM

Apple is selling a record $17 billion of bonds. President Obama to name Tom Wheeler to lead the Federal Communications Commission. U.S. widens hunt for offshore tax-shelter accounts. Joanne Po reports. Photo: Getty Images

This transcript has been automatically generated and may not be 100% accurate.

... Apple is readying its First Bond offering since nineteen ninety six this is what's news I'm WS J lifetime Thailand Co ... Apple is selling seventeen billion dollars in new bonds the offering sets a record for U S investment grade bonds ... Apple has said that it wants to return one hundred billion dollars to shareholders at the end of twenty fifteen ... and is issuing debt to help fund that plan ... the offering generating more than fifteen billion dollars in new orders according to people familiar with the deal ... Goldman Sachs and Deutsche Bank are leading the sale of the offering ... and President Obama is expected to soon nominee Tom Wheeler to leave the Federal Communications Commission ... to replace departing STC Poste curious tech house key ... Mr Wheeler Isn't venture capitalists and a former top lobbyist for the cable and wireless industries ... Mr Wheeler will take over as the Commission confirms a changing technology world ... such as wireless technology and broadband internet ... and the US is opening a new front to come back offshore tax evasion tax authorities are seeking bank records ... and didn't identify any American taxpayer suspected of hiding accounts ... and Canadian Imperial Bank of Commerce's bird Peterson ... the Justice Department says the Federal Court has allowed the government to serve a so-called don't know summons ... on Wells Fargo related to an account thinking in the U S Bancorp ESB spur scare the International Bank ... the summons is the latest signal that ... U S Tax enforcers are targeting hidden accounts in countries ... other than Switzerland which has been the focus of attention today ... bookie keep us anomaly business about Mr upbeat and what's his aunt WS J last ...